Creative Destruction Is

question 112

Multiple Choice

Creative destruction is

• A)the process by which large firms buy up small firms.
• B)the process by which new firms and new products replace existing dominant firms and products.
• C)a term coined many years ago by Adam Smith.
• D)applicable to planned economies but not to market economies.

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Definitions:

Sick Leave

Paid or unpaid time off work granted to an employee due to illness.

Typefaces

Designs of lettering and characters that make up the style and appearance of printed matter or digital text.

Emphasis and Contrast

Techniques used in communication and writing to highlight important points and differences between elements.

Capital Letters

The uppercase letters of the alphabet used to start sentences and proper nouns, indicating importance or beginning.